#Proposition 27

US Sports Betting: Major States Close to 2023 Legalization

US Sports Betting: Major States Close to 2023 Legalization

In the US, several major states seem on the verge of legalizing sports betting in 2023. [Image: Shutterstock.com] As the chiming of the clock signals a new year, it brings with it fresh hope for sports betting backers in the US. Since the repeal of the Professional and Amateur Sports Protection Act in 2018, states have fallen like dominos in…
NBA
Election Tuesday Sets Course for Sports Betting in America

Election Tuesday Sets Course for Sports Betting in America

Millions of Americans showed up at polling centers around the country on Election Tuesday to cast their votes for Governors, Senators, Representatives, and issues such as sports betting policies. Midterm elections have substantial implications on the trajectory of gambling in each state, not just by allowing the public to vote on critical issues,…
MLB
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MLB Supports Online Gambling in California With Prop 27

MLB Supports Online Gambling in California With Prop 27

LOS ANGELES - The MLB has become the first professional sports league to support one of the two sports betting bills that will be featured during the November ballot. They have shown support for Proposition 27 (The California Solutions To Homeless and Mental Health Act) which is the only bill that would legalize online sports betting. There has…
MLB
Indy Gaming: California sports betting future murky after two ballot questions lose

Indy Gaming: California sports betting future murky after two ballot questions lose

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz A month before California voters…
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California sports betting: What's next after voters reject gaming?

California sports betting: What's next after voters reject gaming?

After stockpiling nearly half a billion dollars in campaign cash and inundating Californians with ads, the pitched - and sometimes confusing - battle over sports betting drew to a close on Tuesday evening. The upshot? Nothing changes. Voters rejected two separate measures to legalize sports betting - and it wasn't close. California appears to be…
Horse Racing
California sports betting: What's next?- CalMatters

California sports betting: What's next?- CalMatters

Voters resoundingly rejected Propositions 26 and 27, but that doesn't end the debate over California sports betting. Those behind the ballot measures are figuring out their next steps. After stockpiling nearly half a billion dollars in campaign cash and inundating Californians with ads, the pitched - and sometimes confusing - battle over sports…
Horse Racing
Sports Betting Laws by state

Sports Betting Laws by state

Sports and gambling are two major industries in the United States. However, until fairly recently, the intersection of these two activities (i.e., gambling on sports) was limited to a small number of states. Even today, while it's far easier to participate in sports betting-thanks in part to a myriad of online and mobile options-it can still be…
NFL
California voters enshrine right to abortion, reject sports betting

California voters enshrine right to abortion, reject sports betting

California voters have rejected ballot initiatives that would have allowed sports gambling in the Golden State, changed rules for staffing at kidney dialysis centers and taxed the wealthy to support climate change programs. But they approved propositions that increased funding for arts in public schools, enshrined abortion rights in the state…
MLB
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Californian voters reject sports betting

Californian voters reject sports betting

The ballot proposition to legalize sports betting in California was rejected by Californian voters on Tuesday. The measure, supported by the most expensive campaign in U.S. history, had insufficient support as voters expressed concerns about the gambling impact on the community. Voters rejected sports betting propositions: In the most populous…
MLB
California Sports Gambling Measures Look Like Losing Bets

California Sports Gambling Measures Look Like Losing Bets

A sports bar with multiple screens showing live results from a variety of sports games. (Shannon Finney/Getty Images) Competing measures to allow sports gambling in California were losing by huge margins on Tuesday night, following the most expensive ballot initiative campaign in U.S. history. Proposition 26, backed by dozens of California's Native…
MLB
California Sports Betting Hopes Dashed as Two Props Fail

California Sports Betting Hopes Dashed as Two Props Fail

California sports betting is dead in the water after Proposition 26 and Proposition 27 failed to garner the necessary public support during Tuesday's elections. major blow to California's gambling industry Votes are still being counted in California, but the Associated Press has already called the race. The failure of both propositions is a major…
NFL
Understanding Proposition 27: Online Sports Betting in California

Understanding Proposition 27: Online Sports Betting in California

If passed by voters on November 8, 2022, Proposition 27 will allow for licensed tribes and gaming companies to offer mobile and online sports betting in California. Currently, racehorse betting is the only form of sports betting permitted in California. Proposition 27 would allow anyone over the age of 21 anywhere in the state to be able to wager…
Horse Racing
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Sports betting is on the ballot in California: Propositions 26 and 27

Sports betting is on the ballot in California: Propositions 26 and 27

LOS ANGELES - The giants of mobile sports betting entered California, the final conquest that would clinch an improbable national takeover, with a clear strategy: divide and outspend. DraftKings and FanDuel, the leaders of an exploding industry, had spent their decade of existence forgoing profits in favor of relentless expansion, pouring hundreds…
MLB
High Stakes: Sports Betting in California, an in-depth look at Prop 26 and 27

High Stakes: Sports Betting in California, an in-depth look at Prop 26 and 27

OAKLAND, Calif. - California voters will decide if and how to legalize sports betting in the Golden State. They are faced with two propositions, which offer two different paths to legalization. PROPOSITION 26: Prop 26 would allow in-person sports betting at Tribal casinos and four horse race tracks around the state The measure is supported by…
Horse Racing
What’s next for sports betting in California?

What’s next for sports betting in California?

In the main, those who promote California ballot measures identify some problem - real or imagined - and attempt to persuade voters that their proposals would solve it. Propositions 26 and 27, however, sharply diverge from that pattern. Instead, they want California voters to create new ways to waste their money by wagering on sports…
Horse Racing
2 CA sports betting measures may fail, but they’ll be back

2 CA sports betting measures may fail, but they’ll be back

You can't miss the brand-new casino on Highway 99 in the Sacramento suburb of Elk Grove. It's the size of a Costco, with bright blue signs above the entrances, proclaiming, "Sky's the Limit!" That might seem like mere marketing, a sunny pun on the casino's name, Sky River. But it describes the reality of gambling across California today: There are…
NFL: Los Angeles Rams
What a DraftKings-ESPN Tie-Up Will Mean for Investors

What a DraftKings-ESPN Tie-Up Will Mean for Investors

Last Friday, as the September jobs report dealt a blow to the broader stock market, shares of sports betting site DraftKings (DKNG (opens in new tab), $13.49) jumped more than 3%. Why? Reports surfaced over a potential partnership with Walt Disney's (DIS (opens in new tab)) ESPN. The speculation dates back to summer of 2021, when The Wall Street…
Horse Racing
Fanatics CEO Sees Online Sports Betting Launch Happening in January

Fanatics CEO Sees Online Sports Betting Launch Happening in January

The entry of Fanatics into the legal sports betting fray would add a unique name to the mix and perhaps open up a new front in the battle for players, which could include the possibility of more and more physical swag to go with their digital bets. Forget a free drink at a casino - how about a free hat at an online sportsbook? Fanatics Inc. is…
NHL
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Sports Betting Apps Cut Ad Spending as California Legalization Looks Grim

Sports Betting Apps Cut Ad Spending as California Legalization Looks Grim

Like their best customers, professional gambling operations know when to fold. Major sports betting apps like DraftKings, FanDuel, and BetMGM are pulling back on broadcast advertisements supporting Proposition 27, a ballot measure that would legalize online sports betting in the Golden State, The Wall Street Journal reported Monday. With polls…
Horse Racing
Tribes provide input on sports betting propositions

Tribes provide input on sports betting propositions

California voters will soon determine the fate of legalized sports betting in the Golden State. The Chico Enterprise-Record reached out to local tribes to receive input and analysis of the two propositions. Proposition 26 would allow in-person sports betting at tribal casinos and racetracks with the requirement that racetracks and casinos make…
Horse Racing
What is Prop 27? Explaining California's online sports gambling bill

What is Prop 27? Explaining California's online sports gambling bill

You've seen the political ads on your television. You've heard them on the radio. You may have even seen a billboard or two. There's been no shortage of money spent on Proposition 27. But what exactly is Prop 27, and who supports and opposes it? Let's start with the "what." If you ever tune into a sports broadcast or listen to a sports podcast, the…
MLB
California Sports Betting: Latest Poll Not Good for Prop 26 and Prop 27

California Sports Betting: Latest Poll Not Good for Prop 26 and Prop 27

A new poll released by the Los Angeles Times and UC-Berkeley forecasts defeat for both of California's potential sports betting bills, Propositions 26 and 27. The major online sportsbooks appear to be headed for a decisive defeat in their attempt to make California sports betting a reality. But they may not be alone in suffering defeat when it…
Horse Racing
California sports betting initiatives may be at risk of voter approval

California sports betting initiatives may be at risk of voter approval

Sports betting legislation is a heated discussion in California, with several stakeholders arguing how the services should be provided. Tribes, gambling companies, and card rooms all want a piece of the pie. Propositions 26 and 27 are on the table, each going against the other on the November ballot. Hundreds of millions have been spent to try and…
Horse Racing
New Poll: California Sports Betting Initiatives Will Fail

New Poll: California Sports Betting Initiatives Will Fail

A new Los Angeles Times /UC Berkeley Institute of Governmental Studies poll further crushed the spirit of anyone hoping to be able to place a sports bet in California in the near future. According to the poll results released on Tuesday, the tribal-backed retail-only Proposition 26 has the support of 31% of voters while the commercial-backed,…
Horse Racing
California Sports Betting Props 26 and 27 Polling Poorly

California Sports Betting Props 26 and 27 Polling Poorly

Proposition 26 and Proposition 27, two pro-sports betting measures set to appear on the upcoming California ballot, could be facing a dismal future. the likelihood that voters approve either measure is minute According to a study by UC Berkeley Institute of Governmental Studies co-commissioned by The Los Angeles Times, the likelihood that voters…
MLB
Legalization Of Sports Betting In California: What’s The Latest Scoop?

Legalization Of Sports Betting In California: What’s The Latest Scoop?

Political advertising campaigns are at unprecedented levels as the US midterm elections draw closer. In the state of California, millions of dollars have been poured into radio, television, and billboards promoting different political campaigns. Not unlike the trend in the rest of the country. However this year, voters will make a critical decision…
Horse Racing
Fact-Checking Ads for California’s Sports Betting Propositions

Fact-Checking Ads for California’s Sports Betting Propositions

Odds are, one of the many ads for legalizing sports betting has snagged your attention, given their ubiquity on TV, websites and billboards across California. You'd be forgiven, though, for still not having a clear sense of what either of the initiatives do. Some of the, potentially leaving Californians foggy on what exactly it is they're being…
Horse Racing
California’s sports betting propositions

California’s sports betting propositions

The campaigns for Props 26 and 27 on this November's ballot have made a variety of claims, especially about how money from sports betting in CA will get distributed. CALIFORNIA, USA - This story was originally published by CalMatters. Odds are, one of the many ads for legalizing sports betting has snagged your attention, given their ubiquity on TV,…
Horse Racing
BtoBet Forecasts Tripling of Sports Betting Revenue by 2026

BtoBet Forecasts Tripling of Sports Betting Revenue by 2026

The report predicts that within the next 3-4 years, U.S. legal sports betting revenue will triple, while almost 90% of gross gaming revenue will come via mobile sportsbook apps. BtoBet released an industry report this week on the state of the U.S. gaming industry, which forecasts that U.S. legal sports betting revenue will rise to $24.3 billion in…
NFL
CA Prop 26, 27 Sports Betting Votes More Than Meet The Eye

CA Prop 26, 27 Sports Betting Votes More Than Meet The Eye

Voters in California are weeks away from deciding if the state will have sports betting via Prop 26 and Prop 27 and, if they do, just what the model might look like. It might appear that the difference between the two initiatives effectively comes down to in-person at tribal properties versus online CA sports betting, but there is much more behind…
Horse Racing
Sports betting: Calif. racing backs long shot on Nov. ballot

Sports betting: Calif. racing backs long shot on Nov. ballot

Recent polling shows two ballot initiatives that would legalize sports betting in California are long shots to be approved by voters in November. That may be bad news for racing, but it is complicated. Proposition 26 would allow for in-person sports wagering at the state's tribal casinos and at four racetracks: Santa Anita, Del Mar, Golden Gate and…
Horse Racing
U.S. Sports Betting Companies Hit Key Moment for the Industry

U.S. Sports Betting Companies Hit Key Moment for the Industry

There's never been a better time to be a U.S. sports betting company. With college football and the NFL underway, this is "Christmas, Hanukkah, New Year's, Thanksgiving, and your birthday all rolled into one," said Patrick Keane, CEO of Action Network. GeoComply reported 103.1 million geolocation verifications performed by sportsbook operators…
NFL
Sports Betting Going in Different Directions in California, Missouri

Sports Betting Going in Different Directions in California, Missouri

Since 2018, sports betting has taken off across the States of America. The ability to bet on sports, either online or live, has energized fans of all sports and helped the coffers of different states. Two states, however, are heading in two completely different directions regarding the dicey subject. California Maybe… The state of California has…
Horse Racing
How To Bet On The NFL In California, Florida, Texas, & GA

How To Bet On The NFL In California, Florida, Texas, & GA

With the 2022-23 NFL season now less than 48 hours away, bettors around the country are gearing up to lay some action on the Buffalo Bills vs. Los Angeles Rams and the entire Week 1 slate of games. However, if you're in Florida, Georgia, Texas, or California, you can't drive to an in-person sportsbook or pull up a domestic betting app on your…
NFL
California Sports Betting: Prop 27 Campaign Reducing TV Ad Spend

California Sports Betting: Prop 27 Campaign Reducing TV Ad Spend

The back-and-forth battle over potential California sports betting legislation is coming to a head. After months of excessive advertising spending, the sportsbook-backed "Yes on 27" campaign is scaling back its ad spend. The campaign backing Proposition 27, the bill to legalize online sports betting in California, is slashing its ad buy in major TV…
MLB
Top Sportsbooks Pivot On Prop 27 Ad Strategy In California

Top Sportsbooks Pivot On Prop 27 Ad Strategy In California

Earlier this week, the countdown to election night moved under the 50-day mark as leading sports betting operators continue to monitor polling data on California's Proposition 27 closely. As a resident of Los Angeles, FanDuel CEO Amy Howe has seen the onslaught of television commercials on the online sports betting measure first-hand. On Wednesday,…
NFL
Competing Interests Battle for Control of California Sports Betting

Competing Interests Battle for Control of California Sports Betting

legalized some form of sports betting since a Supreme Court decision struck down a federal ban in 2018. California still has not, but a pair of dueling initiatives on the November ballot may bring about change. In the style of California politics, it's all a gigantic, expensive mess of competing interests. Proposition 26 and Proposition 27 will…
MLB
NFL football proves another jolt to sports betting sector

NFL football proves another jolt to sports betting sector

Sports betting app downloads surged again during the second weekend of the NFL season and with college football into its fourth week. Bank of America reported that through the first two weekends of September, iOS app downloads reached ~950K to represent+77% year-over-year growth assuming an equal weighting throughout the month. Analyst Shaun Kelley…
NFL
Survey Shows Over Half of Californians Oppose Sports Betting

Survey Shows Over Half of Californians Oppose Sports Betting

With less than two months to go before California's November elections, residents are still weighing their potential sports betting options, but according to a recent survey done by the Public Policy Institute of California (PPIC), over half of them now oppose Proposition 27. According to that survey, 54% of Californians are against that ballot…
Horse Racing
Expected Value: This Week’s Top 5 Sports Betting Industry Developments

Expected Value: This Week’s Top 5 Sports Betting Industry Developments

You know you are far removed from the old days of back alley sports wagering when you soon will be able to get your action on in a grocery store. Earlier this week, the Ohio Casino Control Commission approved sports betting kiosks for 42 Kroger grocery stores and granted conditional approval of 300 sports betting kiosks in retail…
NFL
California Voters Oppose Mobile Sports Betting: Poll

California Voters Oppose Mobile Sports Betting: Poll

A plan to legalize appears doomed for defeat on the November ballot. Statewide, 54% of likely voters would vote "no" on Proposition 27, which would allow the use of mobile apps for sports wagering. Only 34% would vote "yes," according to the Public Policy Institute of California. Of those polled, 12% were undecided. The survey of 1060 likely voters…
MLB
Sports Betting Is Revving Up Ad Spending For Fourth Quarter

Sports Betting Is Revving Up Ad Spending For Fourth Quarter

Historically, advertising in fourth quarter has been the most expensive of the year driven by high demand of the holiday season. Traditional product categories that ramp up their marketing budgets include retailers, toys/games, apparel, alcoholic beverages and movie studios. Plus every other year political ads plunk down billions of ad dollars. New…
NHL
New Survey Shows California Online Sports Betting Not Favored by Voters

New Survey Shows California Online Sports Betting Not Favored by Voters

The state general election is eight weeks out and the latest data from a survey of potential voters shows California online sports betting may be in trouble. The Public Policy Institute of California, an independent and nonpartisan research institute, published results of a statewide survey today of California voters and the majority of likely…
MLB
BetMGM Prepares for the Grand Opening of NFL Stadium Betting Parlor

BetMGM Prepares for the Grand Opening of NFL Stadium Betting Parlor

What happens in Vegas stays in Vegas, but what happens at the new BetMGM sports gambling parlor opening this weekend may follow you all the way back to row H, seat 23 in section 217, or wherever it is you're sitting. The online bookie is opening its first-ever brick-and-mortar sportsbook outside the Arizona Cardinals' home State Farm Stadium just…
NFL
The U.S. sports betting industry is bigger and riskier than ever

The U.S. sports betting industry is bigger and riskier than ever

Are you ready for some football? What about some gambling? Forty-seven million Americans will place at least one bet on the NFL this season, which kicks off Thursday night. That number will only increase when the MLB playoffs, NBA and NHL seasons get underway later this month into October. It's the sports betting industry's favorite time of year:…
NHL